Inca One Gold (XSGO:IOCL) Gross Margin %: 8.49% (As of Jan. 2024) — 701% Above Median


What is Inca One Gold Gross Margin %?

Inca One Gold XSGO:IOCL 31 Gross Margin % is 8.49% as of Jan. 2024, which is 701% above its 10-year median of 1.06. GuruFocus rates XSGO:IOCL with a GF Score™ of 31/100. The stock has 6 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. Inca One Gold's Gross Profit for the three months ended in Jan. 2024 was CLP934.72 Mil. Inca One Gold's Revenue for the three months ended in Jan. 2024 was CLP11,007.24 Mil. Therefore, Inca One Gold's Gross Margin % for the quarter that ended in Jan. 2024 was 8.49%.


The historical rank and industry rank for Inca One Gold's Gross Margin % or its related term are showing as below:

XSGO:IOCL' s Gross Margin % Range Over the Past 10 Years
Min: -7.77   Med: 1.06   Max: 6.64
Current: 5.12


During the past 13 years, the highest Gross Margin % of Inca One Gold was 6.64%. The lowest was -7.77%. And the median was 1.06%.

XSGO:IOCL's Gross Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 26.2 vs XSGO:IOCL: 5.12

Inca One Gold had a gross margin of 8.49% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Inca One Gold was 0.00% per year.


Inca One Gold  (XSGO:IOCL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Inca One Gold had a gross margin of 8.49% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Inca One Gold Gross Margin % Related Terms


Inca One Gold Gross Margin % Historical Data

* Premium members only.

The historical data trend for Inca One Gold's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Inca One Gold Gross Margin % Chart

Inca One Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 -0.63 1.06 4.69 5.20

Inca One Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.05 -3.79 6.53 5.40 8.49

XSGO:IOCL vs NEM: Gross Margin % Comparison

For the Gold subindustry, Inca One Gold's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inca One Gold Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Inca One Gold's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Inca One Gold's Gross Margin % falls into.



Inca One Gold Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Inca One Gold's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=1682.4 / 32381.81
=(Revenue - Cost of Goods Sold) / Revenue
=(32381.81 - 30699.408) / 32381.81
=5.20 %

Inca One Gold's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=934.7 / 11007.244
=(Revenue - Cost of Goods Sold) / Revenue
=(11007.244 - 10072.529) / 11007.244
=8.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 8.49% mean?
Inca One Gold (XSGO:IOCL) has a Gross Margin % of 8.49% as of Jan. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Inca One Gold and its competitors. This is 701% above median its historical median of 1.06.
Is Inca One Gold's Gross Margin % too high?
Inca One Gold's current Gross Margin % of 8.49% is 701% above median its 10-year median of 1.06. The Metals & Mining industry median Gross Margin % is 26.20. Inca One Gold's value of 8.49% is 67.6% below this industry median. Overall, Inca One Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Inca One Gold's Gross Margin % compare to NEM?
Inca One Gold's Gross Margin % of 8.49% can be compared against companies in the Metals & Mining industry. The industry median Gross Margin % is 26.20. Inca One Gold's value of 8.49% is 67.6% below this benchmark. While the company's 10-year median is 1.06 vs. the industry median of 26.20, Inca One Gold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.20, based on 727 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Inca One Gold's current Gross Margin % of 8.49% is 67.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Inca One Gold and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inca One Gold's current Gross Margin % is 8.49%, which is 701% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inca One Gold stock overvalued right now?
Inca One Gold (XSGO:IOCL) has a current Gross Margin % of 8.49%. The current Gross Margin % is 8.49%, which is 701% above median its 10-year median of 1.06 and 67.6% below the Metals & Mining industry median of 26.20. Inca One Gold's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Inca One Gold (XSGO:IOCL), the current Gross Margin % is 8.49% as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Inca One Gold Business Description

Address 1140 West Pender Street, Suite 850, Vancouver, BC, CAN, V6E 4G1
Inca One Gold Corp is a mineral resource company and mineral processing company. It is engaged in the business of developing gold-bearing mineral processing operations in Peru. Its activities consist of the production of gold and silver from the processing of purchased minerals. It provides its service basically to small-scale miners. It's Chala One milling facility located in Chala, Southern Peru. The Koricancha ore processing facility located in Peru. The company operates through a gold milling facility and generates revenue from the same.